Tokyo-based Pacifico Energy announced today that it has commenced construction of a 53.9 MW(DC) solar power generation plant in Sano-shi, Tochigi Prefecture. The Plant is the first plant that Pacifico Energy is developing in Tochigi Prefecture but its 13 solar plant in Japan.
juwi Shizen Energy is serving as EPC for the plant, which is being construction on a golf course. Commercial operations are expected to begin in the Summer of 2022. Once commissioned, the Plant will generate approximately 62 million kilowatt-hours (kWh) of electricity annually, said Pacifico.
This project was financed by Sumitomo Mitsui Trust Bank, Limited, with Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. acting as financial advisor and Baker McKenzie acting as legal counsel to Pacifico Energy.
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Pacifico Energy 13 solar power plants throughout Japan (including the Sano Plant) have a total capacity of 1,093 MW(DC). Five are under construction and eight (totaling 644 MW(DC)) have been completed and are now in commercial operation.